Lonmin Plc - Incwala Investment

Lonmin Plc - Incwala Investment                                                 
Lonmin Plc                                                                      
(Incorporated in England and Wales)                                             
(Registered in the Republic of South Africa under registration number           
1969/000015/10)                                                                 
JSE code:LON                                                                    
Issuer Code:LOLMI & ISIN:GB0031192486                                           
("Lonmin")                                                                      
30 June 2006                                                                    
Lonmin is pleased to announce the inclusion of its black economic empowerment   
partner Incwala Resources as an 18% shareholder in Lonmin Platinum Limpopo.     
Following an internal restructuring, Western Platinum Limited, in which Incwala 
has an 18% stake, has acquired Messina Limited the owner of the Limpopo mine.   
As part of this restructuring Western Platinum has signed a 7 year US$300       
million facility to finance the acquisition and refinance the debt in Messina.  
This new facility had been provided by a syndicate of local and international   
banks including Barclays Bank plc, Calyon Corporate and Investment Bank (South  
Africa branch), HSBC Bank plc, Lloyds TSB Bank plc, Standard Chartered Bank     
(facility agent) and Standard Finance (Isle of Man) Limited.                    
This facility will replace the acquisition facility at the Lonmin Plc level used
for the purchase of Southern Platinum and is in line with Lonmin"s strategy of  
keeping the group"s debt at the cash generating operational level.              
Enquiries:                                                                      
Alex Shorland-Ball       +44 (0) 20 7201 6060                                   
Vice President, Investor Relations & Communications                             
ENDS                                                                            
Date: 30/06/2006 10:20:07 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department